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Contract law is about holding people to their promises. Bankruptcy law does just the opposite. Authorized by the Constitution and created by Congress, the U.S. bankruptcy system co...
A family real estate drama will now play out in a new venue: bankruptcy court. Simry Realty Corp, connected to the Haruvi family, filed for Chapter 11 bankruptcy Sunday. The Haruv...
Covering reported business bankruptcy filings in Massachusetts, Maine, New Hampshire, and Rhode Island, and Chapter 11 bankruptcy filings in New York and Delaware listing assets of...
A beleaguered Pembroke Lines condominium association, where a former property manager was criminally charged over allegedly misappropriating funds, filed for bankruptcy. The Windmi...
Covering reported business bankruptcy filings in Massachusetts, Maine, New Hampshire, and Rhode Island, and Chapter 11 bankruptcy filings in New York and Delaware listing assets of...
Covering reported business bankruptcy filings in Massachusetts, Maine, New Hampshire, and Rhode Island, and Chapter 11 bankruptcy filings in New York and Delaware listing assets of...
Covering reported business bankruptcy filings in Massachusetts, Maine, New Hampshire, and Rhode Island, and Chapter 11 bankruptcy filings in New York and Delaware listing assets of...
Chapter 11 bankruptcy allows a business to remain open and operating while reorganizing debts.
In its Chapter 11 filing, the company reported between $10 million and $50 million in debts.
The company is the latest casualty in the decline hitting the American craft beer and spirits sector.
A Miami-based company filed for bankruptcy amid a yearslong legal battle over the redevelopment and demolition of a vacant New Orleans affordable housing complex. Granaio LLC, whic...
By Naveen Athrappully Total U.S. bankruptcy filings, which include filings made by both businesses and individuals, rose by 7 percent in May on a year-to-year basis. Individual ban...
Lena Brands asked a bankruptcy court to intervene after a payment processor withheld access to $650,000 in funds
But court filings show that even after restructuring, the company is likely to operate with thin margins and a relatively modest cash cushion.
Chapter 11 protection allows the company to restructure its debt while it remains in operation.
On May 17, 2026, marine retailer West Marine filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the District of Delaware. The company issued a statement noti...
Legends Distillery owes more than $320,000 in rent, fees, and taxes.
Where documentation supporting a debtor’s proposed plan contained inaccuracies, the debtor provided shifting explanations for various expenses and his in-court testimony deviated f...
Operating company OTB Hospitality has voluntarily filed for Chapter 7 bankruptcy liquidation following the closure of all corporate locations. The post OTB Hospitality Voluntarily...
Dish DBS, the longtime satellite TV operator that is now a subsidiary of EchoStar, has filed for Chapter 11 bankruptcy protection. The company took the step Tuesday in federal bank...
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